nment CALCULATOR FULL SORE IN BACK Exercise 12-7 Your answer is incorrect. Try again. rggy Company is considering three capital expenditure projects. Relevant data for the projects are as follows. Annual roject Investment Income Proje $241,900 $17,500 6 years 23A 270,900 20,780 9 years A 282,000 15,700 7 years Annual income is constant over the re of the project. Each project is expected to have zero salvage value at the end of the project. Iggy Company uses the straight- (a) displayed the rate each Project. (Round answers o decimal places, 10. For calculation purposes, use 5 decimal places as the factor table provided.) eg. 22A 19.65 19.21